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In 2002, at age 30, Elizabeth McCarthy experienced what she calls a mid-life crisis. “I wanted to be in control of my own success or failure,” she said.  This Alabama native thought of herself as a “natural-born entrepreneur” and decided to take time off from her corporate life to consider all her possibilities.

Renata Papadopoulos is the owner of Lovely Cakes, a full service specialty cake company located in Stratford, Connecticut.  Originally from Brazil, Renata now resides in Norwalk, Connecticut.  Operating for over 10 years, Lovely Cakes services banquet halls, restaurants and private clients, creating beautiful custom cakes for all occasions – especially weddings. 

 

Jonal Laboratories Inc., a family owned, Meriden CT based company celebrated its 50th anniversary in 2015. Jonal considers itself the best company in the world at supplying seals to its aerospace partners. Jonal competes on top quality, on-time delivery, technical excellence and unmatched customer service. Jonal truly epitomizes what it means to be a partner striving to add the most value to the shared supply chain.

Success Story: Sweet Grace Heavenly Cakes

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Name 7a Number of Loans 7a Loan Amountsort ascending
Banco Popular de Puerto Rico 348 31,804,900
Banco de Desarrollo Económico para Puerto Rico 55 6,853,300
Banco Santander Puerto Rico 60 3,870,100
Oriental Bank 21 2,409,000
FirstBank de Puerto Rico 18 2,115,200
Celtic Bank Corporation 1 1,392,000
Banco Popular - Virgin Islands 3 192,000
Independence Bank 2 130,000
Wells Fargo Bank, N.A. 1 20,000

CDC/504 Loan Program

Lender Name CDC/504 Number of Loans CDC/504 Loan Amountsort ascending
COFECC 24 8,577,000
PYMES Financial Partners, Inc. 14 3,880,000
Marketing Small Business Finance Corp. 11 3,154,000
Puerto Rico Business Development Corp. 4 771,000

When Danaris Mazara came to America at the age of 22, all she had was a suitcase and a spirit full of dreams.  Sponsored by her brother already in the states - she lived in the attic of his home for a year before getting married and starting her own family.

Company Draws a Straight Line to Success with a Little Help from the SBA

When Lee Gregory and his wife Meggin started Sir Lines-A-Lot in 2004 with a single pick-up truck and a used striping machine, they believed that if they provided excellent customer service and a quality product, the business would grow.  And it did, but slowly.  With stagnant or slow growth for three or four years, their banker recommended Lee participate in the U.S. Small Business Administration’s Emerging Leaders Program.

Wayne, Lynn, Paul and Guy represent the 3rd generation of the Kamitaki Family to own and operate this thriving chain of craft and hardware retail stores across the State of Hawaii and on the West Coast. Maui Varieties, Ltd. was started 65 years ago with the purchase of a dry goods store in Kahului, then expanded through franchising. It is now known locally for its 28 Housemart Ace Hardware and Housemart Ben Franklin Crafts stores. Maui Varieties has created over 478 jobs, generated millions in revenues, and presented new   opportunities for staff and customers alike.

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